We noted earlier this morning that China’s National Development and Reform Commission has approved a plan to spend RMB1 trillion (about $158 billion) on infrastructure projects in an effort to boost growth…
The end of summer stock market run-up pushed the S&P 500 index above 1,400, a 12% gain year-to-date. But are businesses better off in 2012 than in 2011? To find out, 24/7…
Slowing global economic growth is cutting into sales of heavy construction and farming equipment in what were the world’s fastest growing markets: China and India. The impact on U.S. makers like Caterpillar…
Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters) The new Samsung tablet has a unique split screen technology. (Reuters) A judge presses for…
This week we featured a list of the six cheapest DJIA components as of Monday’s close. The basis was how discounted the share prices have been to the consensus analyst price target…
As stocks rise, analysts generally lift their price targets on key stocks. As stocks fall, analysts generally lower their price targets. It is a game on Wall St., but it is a…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St.research calls this Friday morning. Amgen Inc. (NASDAQ: AMGN) raised to Overweight at Piper Jaffray. Caterpillar Inc.…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday morning. Altria Group Inc. (NYSE: MO) cut to Neutral at UBS. Avon Products…
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
Caterpillar Inc. (NYSE: CAT) this morning reported second-quarter earnings per share (EPS) of $2.54 and $17.37 billion in revenue. EPS rose from $1.57 in the same period a year ago, while revenue…
Paul Ausick U.S. stock futures are mixed ahead of the opening bell. Dow Jones industrial average and S&P 500 futures were about 0.5% higher, while Nasdaq futures were lower by about the same amount.…
The three major US stock indexes opened roughly flat this morning as Spanish 10-year bond yields rose to 7.5% and Moody’s cut Germany’s outlook to ‘negative’ after the markets closed last night…
Apple (NASDAQ: AAPL) will shrink the connector for the iPhone 5. (Reuters) Greece presses for billions of euros in budget cuts before aid payments. (WSJ) Eastman Kodak loses several patent disputes, which…
